The hearing takes place at 10:00 a.m. in 1100 Longworth House Office Building. In connection with the hearing, the Joint Committee on Taxation has released Present Law and Analysis Relating to Tax Treatment of Partnership Carried Interests and Related Issues (Part I (JCX-62-07); Part II (JCX-63-07)).

Update: From Wall Street to Main Street is live-blogging the hearing here.